Trump's Social Security Surprise Just Shook The Fed—Powell May Be Forced Out!
TRUMP’S Social Security Surprise Just Shook The Fed—Powell May Be Forced Out!
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more that that….the fed must go …give the control of the money back to the people where it belongs..not that it will be a lot better with mostly crooked government
They are setting up the CBDC
There should be a tax on banks for all the money they lend out using fractional reserves. That tax should be in the form of physical gold in segregated accounts for all citizens. The Federal Reserve should likewise be taxed for all money lent out that was created out of nothing. Citizens are robbed by the inflation of fractional reserve banking and quantitative easing. They should be compensated and reap benefits by receiving gold which does not devalue like currency. The inflation is especially prominent in equity markets where the wealthy benefit at the expense of the poor.
Take it a step further, and exclusively use gold for domestic commerce. Stockpile gold for social security, and it will balloon in value as massive deflation takes place. Deflation will take place since there is such a limited amount of gold everyone switches over to using. Even though the trend will be for people to earn less gold over time, the purchasing power of their labor will rise as will the value of their savings. This is antithetical to the loan industry unless they adjust interest rates to zero or less since it would be very hard to payback loans whose value rises with the rate of massive gold inflation. That would provide little incentive for lenders to lend when they can stockpile gold and profit. This could be offset by citizens investing in each other’s businesses via stocks or stakes.